Kmsjr, Inc. 401(k) Review & Grade
Kilian Management Services, Inc. Savings and Retirement Plan
West Bend, WIAccommodation & Food Services502 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$105Employer $ per active participant
$719Employee $ saved per active participant
0.83%Direct admin cost, % of plan assets
$7.7MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity12.6 / 5025th percentile for employer $ per participant
- Low cost2.3 / 259th percentile for low admin cost vs. same-size plans
- Employee saving6.8 / 1545th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score25 / 100 · Grade F
This plan vs. peers
Peers: Accommodation & Food Services plans with 500–2,499 active participants (458 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 25th |
| Lower admin cost | 9th |
| Employee saving | 45th |
| Peers that auto-enroll | 17% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Kmsjr put in about $105 per active participant, below the typical peer ($266). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.83% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $52,499 |
| Participant (employee) contributions | $361,102 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $60,256 |
| Investment advisory & management fees | $22,090 |
| Other admin expenses | $530 |
| Benefits paid out | $610,405 |
| Net assets, start / end of year | $6.9M / $7.7M |
| Active participants, start / end of year | 538 / 466 |
| Participants with account balances | 232 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Sentinel Benefits Group, LLC | $35,271 reported compensation |
| Sentinel Pension Advisors | $22,090 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250919103158NAL0002381329001, received 2025-09-19, EIN 87-3908051, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.